
The Country: Miles Hurrell on Fonterra's half-year result
Miles Hurrell, Sandra Matthews, Peter Newbold, Chris Russell, and Jeremy Rookes.
Miles Hurrell, Sandra Matthews, Peter Newbold, Chris Russell, and Jeremy Rookes.
Fonterra raises first half profit, dividend, keeps $10/kg milk price forecast
A back-to-back $10/kg milk price would put money in farmers' back pockets.
Australia’s Bega Group is a potential buyer due to existing Fonterra ties.
The dairy co-op is preparing to divest its consumer business.
Fonterra raised its 2025 earnings guidance to 55-75 cents per share.
Fisher & Paykel Healthcare under pressure as analyst forecasts $100m in additional costs.
Expectations of a $10/kg-plus milk price remain in place despite weak dairy auction.
Infometrics’ latest look at regional economies shows signs of recovery in rural areas.
Fonterra has chosen a corporate brand for the entity if IPO goes ahead.
Fonterra estimates more than 5000 farms will be eligible for a bonus next season.
OPINION: Our dairy owners and the country stand to be poorer for Fonterra's decision.
Westpac said global dairy prices have generally held their ground.
Fonterra's prices might be going up to $10 a kilo at the farm gate.
The conversions are at Edgecumbe and Fonterra’s Whareroa site in Taranaki.
Trials have shown it is not very effective in pasture-grazing animals.
Fonterra's Teh-han Chow says China remains the land of opportunity for Fonterra.
December saw the highest milk solids collected for the month since December 2020.
Dairy giant Fonterra's $64 million project to convert two coal boilers to wood pellets.
Hurrell, who turned 50 this year, is not finished yet.
Judges cited strategic vision and exceptional leadership.
Fonterra has upgraded its milk price to a mid-point of $10/kg.
Sales at the top three dairy companies have dropped by 9-13% in the first half of 2024.
Lack of capital for the FMCG operation is not the only reason for Fonterra's exit.
'We could end up with an extra $4b added to incomes.'
Slipping share of milk supply market raises shareholder concern.
Private equity is seen as a likely buyer for Fonterra's consumer business.
Fonterra co-op model not suited to running a consumer business, says chairman.
Pay rises are on the cards for the chair, directors and watchdog councillors.
Chief executive Miles Hurrell says there's 'significant' interest.